Think tank proposes capping annual Social Security payments at $100,000

By Rena Rowe

Published March 26, 2026 11:38am ET

A leading fiscal watchdog is proposing a new cap on Social Security payouts, arguing that the change could help shore up the program’s long-term finances as it edges closer to insolvency.

The Committee for a Responsible Federal Budget outlined a plan on Tuesday to limit annual Social Security benefits to $100,000 for couples retiring at a normal age. The policy proposal has been dubbed the “Six Figure Limit.”